What Does a Cafe or Bar Bookkeeper Do?

Your restaurant or bar has specialised accounting and bookkeeping needs and when you’ve grown your business to the point where you cannot keep the books yourself anymore, you need a bar bookkeeper or accountant who has years of experience in the hospitality, restaurant and bar industry. You need accurate books daily to determine how many …

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Cafe and Bar Consultants: Inventory and Spoilage

Restaurant, cafe or bar inventory is complicated but tracking it is critical for your manager to know which menu items are in demand, which supplies are in need of replenishment and which ones are wasted. Restaurants need a continuous (and not periodic) system that constantly updates their inventory. Speak with café and bar consultants to …

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Bar & Hotel Accounting: How to Keep Accounting Records for your Hotel or Bar

Restaurants and bars get by on very thin profit margin so it is important to keep proper accounting records to improve their odds of success. Good records and bar accounting can tell you where your business is doing well and where it isn’t but you need an efficient system to record and track all the …

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10 Things Your Accountant Should Do to Grow Your Business

Did you know that your accountant can help you grow your business profit? Many business owners don’t realise the many benefits a good accountant can bring to their personal and business life. They can offer strategic advice and clever ways to boost revenue and save money. They not only remove and automate administrative tasks to …

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Sky Update – September 2019

By Sky Accountants

In this Sky Update, we bring you all the latest tax news along with some other items that may pique your interest. Fair Work interactive templates The Fair Work Ombudsman has released a number of interactive templates that employers can use to ensure that they are meeting their workplace obligations. Templates currently available include: Agreement …

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Hospitality Consultants: Plant-Based Meat Alternatives to Boost Economy and Increase Jobs

By Sky Accountants

Plant-based meat alternatives are expected to boom by 2030 and thousands of full-time jobs and a $3 billion increase in the economy are projected because of this. According to hospitality consultants, Australians are currently spending $150 million a year on plant-based products and by the end of the decade, it could increase to as much …

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Restaurant Consultants: Should You Rebrand Your Restaurant?

By Sky Accountants

A restaurateur may want to rebrand his or her restaurant for several reasons such as attracting an expanded client base, staying competitive or boosting sales by appealing to a changing market. How far you should rebrand can be a complex decision, though. Most of the time, minor changes are enough but sometimes, changing the brand …

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Accountants Sunbury: How to Predict the Growth of your Business

By Sky Accountants

Customers and a strong referral base is extremely important for the future growth of any business. A useful tool for measuring this is the customer satisfaction survey that can predict the likelihood of a customer referring your business or repurchasing from you in the future. You can request this survey from Sky Accountants Sunbury. Fred …

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Accountants Ballarat: Improve Your Business Using the Value Builder System

Do you want a higher return on your investment? Do you want to increase the value of your business so you can sell it? According to Sky Accountants Ballarat, you can assess the performance of your business through the Value Builder System tool, which provides immediate and quantifiable insight on eight key drivers of value: …

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Client Focus: How Sky Accountants helped Latte Cartelle grow its business into Franchising

By Sky Accountants

Business accountants take on a variety of roles in businesses in the public, private and not-for-profit sectors and even the academe.  The importance of accountants in ensuring the quality of financial reporting can’t be overly emphasized. They remain at the frontline of safeguarding the integrity of financial reporting and contributing to the overall progress and …

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